The Direxion Daily XOM Bull 2X Shares (XOMX) seeks 200% daily leveraged investment results and thus will have an increase of volatility relative to the underlying XOM performance itself. Longer holding periods, higher volatility of XOM and leverage increase the impact of compounding on an investor’s returns. During periods of higher XOM volatility, the volatility of XOM may affect the fund’s performance.
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.